EBay said Wednesday that Icahn wants to split the company, dividing its PayPal payments unit from its traditional marketplace unit.

Icahn acquired less than 1% of the company in January and has nominated two people to its board of directors, eBay said. Icahn was not available for comment, his assistant said.

“EBay’s Board of Directors has concluded that the company and its shareholders are best served by the current strategic direction of the company and does not believe that breaking up the company is the best way to maximize shareholder value,” the company said in a statement.

Icahn is also pushing for changes at Apple, where he wants the cash-rich company to repurchase more stock from investors.